Business news from Ukraine

Business news from Ukraine

Global IT spending to exceed $6 trln in 2026 — forecast

Global spending on information technology (IT) will grow by 9.8% in 2026 and exceed $6 trillion, according to a forecast by research company Gartner.

“The pause in uncertainty that began in the second quarter of 2025 began to weaken in the third quarter, and a significant influx of funds into this segment is expected by the end of the year,” said Gartner analyst John-David Lovelock. “Generative artificial intelligence (GenAI) features are now ubiquitous in the software used by enterprises, and they are more expensive, which contributes to the influx of funds.”

By the end of 2025, experts expect IT spending to increase by 10% to $5.5 trillion.

Data center spending will grow the fastest this year, at nearly 47%. At the same time, IT services will remain the largest market, with a volume of over $1.7 trillion.

Spending on mobile phones and personal computers is expected to reach $783 billion, up 8.4% from 2024. However, next year, the growth rate is projected to slow to 6.8%, the report notes.